Retro Shoe Trend Playing Into Puma’s Favor
Recent trends shifting toward retro styles in the shoe industry have greatly benefitted Puma AG Rudolf Dassler Sport. With its extensive portfolio of classic styles, shares have appreciated over 50 percent in the last year. Compare this to Nike Inc, which has been over-indexed in basketball and performance styles — two categories that have been underperforming recently. As a […]
Restaurant Sales And Traffic Tumble
There appeared to be a glimmer of hope for the restaurant industry last month, when BlackBox Intelligence’s TDn2K titled its most recent Restaurant Industry Snapshot: “Flat Sales, Welcome Change for Restaurant Industry in January.” In the report, it said that “while same-store sales growth was flat (zero percent) in January, it represented a welcome break […]
Above The 40 – A Stock Market Redressing Itself For A Meeting With The Fed
AT40 = 42.1% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 59.1% of stocks are trading above their respective 200DMAsVIX = 11.7 (volatility index)Short-term Trading Call: neutral Commentary The bear-bull fight is still a close call. The February U.S. jobs report catalyzed the next swing in the stock market’s bear-bull knife fight. I noted in my […]
SEC Rejects Winklevoss Bitcoin Trust ETF Application For Listing
On Friday, the Securities and Exchange Commission officially rejected the application to bring the Winklevoss Bitcoin Trust ETF (COIN) to market (as expected according to a prior article. Written by ETFdailynews.com The story of Bitcoin in an ETF wrapper doesn’t end there as at least two other issuers have pending proposals to bring their own […]
Hiddenburg? Maybe Not
The markets liked the payrolls data released Friday which reversed the steady declines (after the initial pop following Trump’s Congressional address), closing the week down .42% for the S&P 500. Moments after the jobs data was released, White House Press Secretary Spicer immediately tweeted that things were great. During the election, Trump stated that the […]
Trading Support And Resistance – Sunday, March 12
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 11 years of Forex prices, which show that the following methodologies have all produced profitable results: * Trading the two currencies that are trending the most strongly […]
Advantage Oil & Gas Ltd Appears To Have A Major Advantage Over Its Peers
A company that has caught our attention is Advantage Oil & Gas Ltd. (NYSE: AAV) , a pure-play with a production mix of 95% natural gas to oil, with the lowest operating costs in the world-class Montney region (see Figure 1 below). What intrigues us most about Advantage is its lean operations and organic growth […]
How To Handle Rising Interest Rates
The Federal Reserve has signaled its desire to raise interest rates. In this video, I’ll consider whether you need to take any steps to prepare for higher interest rates. There are three primary areas of your financial life to review in preparation for higher rates on the way: stocks, bonds, and debt. Let’s look at […]
Gold Prices Cling To Support As Markets Await Fed
Fundamental Forecast for Gold: Neutral Gold Prices Slide Down the Slope of Despair Gold prices fell for the second consecutive week with the precious metal down 2.67% to trade at 1201 ahead of the New York close on Friday. Bullion is down more than 5% off the yearly high and has been fueled by expectations for […]
Percentage Of Junk Investors Raising Cash Explodes, Number Reporting Below Average Cash Position Halves
Whatever you do, don’t you try and say we didn’t warn you. Time after time, post after post, we’ve said the same thing: high yield is a bubble. The fundamentals are bad, the rally is overdone, and the spread compression off last year’s wides is nothing short of spectacular. Now, we’re seeing that bubble burst. If […]
